Flagging notification in accordance with Chapter 9 Section 10 of the Finnish Securities Markets Act

Wednesday, 10 August, 2016
Share on:

Basware Corporation, stock exchange release, August 10, 2016 at 15:30

Flagging notification in accordance with Chapter 9 Section 10 of the Finnish Securities Markets Act

Notice pursuant to the Finnish Securities Market Act (Section 9:5): The total number of shares represented by Arrowgrass Capital Partners LLP and its funds increased to over 15 % of Basware Corporation's share capital and voting rights on August 9th, 2016. This notification was given to Basware Corporation on August 10th, 2016.

The holding of Arrowgrass Capital Partners LLP and its funds after the disclosure is as follows:

Shares (trading code, ISIN code)
BAS1V
ISIN: FI0009008403
Number of shares Percent (%) of
share capital
Percent (%)
voting rights
Arrowgrass Master Fund Ltd 2,115,910 14.69 % 14.69 %
Arrowgrass Equity Focus Fund 53,896 0.37 % 0.37 %
Total 2,169,806 15.07 % 15.07 %


Basware Corporation's share capital consists of 14,401,936 shares and votes. The company has one share series, each share entitling one vote.

For more information, please contact:

Ben Selby, Head of Investor Relations, Basware Corporation
Tel. +358 50 305 8077

Distribution:
NASDAQ OMX Helsinki Ltd
Key media
www.basware.com